| ZIP Code | 98116 |
|---|---|
| City | Seattle |
| State | Washington (WA) |
| County | King County |
| Area Code | 206 |
| Elevation | 176 ft |
| Latitude | 47.576382 |
|---|---|
| Longitude | -122.397387 |
| Timezone | Los Angeles (DST) |
| FIPS | 53033 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.5 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.07 |
| Below Poverty | 4.7% ▼ 53% below avg |
| College Grads | 75.0% ▲ 94% above avg |
| Unemployment | 3.9% ▼ 19% below avg |
| No HS Diploma | 53 (0.2%) |
| HS Graduate | 1,410 (6.6%) |
| Some College | 1,442 (6.7%) |
| Associates | 2,441 (11.4%) |
| Bachelors | 1,387 (6.5%) |
| Graduate Degree | 14,631 (68.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $130,504 ▲ 71% above avg ↑ 8% since 2019 |
|---|---|
| Median Home Value | $917,000 ▲ 229% above avg ↑ 29% since 2019 |
| Home/Income Ratio | 7.0x (nat avg ~3.5x) |
| Median Rent | $2,033/mo ↑ 23% since 2019 |
| Total Units | 14,652 |
| Vacant Units | 1,266 |
| Avg HH Size | 2.07 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 14,652 |
|---|---|
| Vacant | 1,266 |
| Owner Occupied | 53.7% |
| Renter Occupied | 46.4% |
| Avg HH Size | 2.07 |
ZIP code 98116 is located in Seattle, Washington, within King County. With a population of 28,091, this is a moderately populated ZIP code with a middle-aged community — the median age is 40.5 years. Economically, 98116 is a upper-middle-income ZIP code: the median household income of $130,504 is significantly above the national average.
Real estate in ZIP code 98116 represents among the most expensive housing markets in the country. The median home value of $917,000 is more than double the national average. Renters can expect to pay around $2,033 per month in median rent. The area has a relatively balanced mix of owners (53.7%) and renters (46.4%). Median home values have increased by 29% since 2019.
The population of 98116 is primarily White (78.86%). Residents are highly educated — 75.0% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 4.7%. Household income has grown by 8% since 2019.
The unemployment rate in 98116 stands at 3.9%, which is below the national average. A notably high share of workers — 36% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 41%.
Overall, ZIP code 98116 in Seattle, WA is characterized as upper-middle-income, highly educated, and a middle-aged community. With 28,091 residents, a median household income of $130,504, and a median home value of $917,000, it offers a clear picture of life in this part of Washington.